#ethereum price structure
If you want to be a successful trader you have to learn to read the charts; price action reflects psychology behind the market, once you understand that you'll be one step ahead in the game.
This particular chart is a textbook example of support and resistance generating price structure: $180 was a resistance threshold at first and once broken is being retested as a support and seems to hold so far (given the last two low shadowed candles). If this support holds #ethereum should resume its trend from here.
This particular chart is a textbook example of support and resistance generating price structure: $180 was a resistance threshold at first and once broken is being retested as a support and seems to hold so far (given the last two low shadowed candles). If this support holds #ethereum should resume its trend from here.
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